VELA Investment Management LLC increased its holdings in shares of Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report) by 1,465.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 22,205 shares of the industrial products company’s stock after acquiring an additional 20,787 shares during the period. Zebra Technologies comprises approximately 1.2% of VELA Investment Management LLC’s portfolio, making the stock its 17th biggest holding. VELA Investment Management LLC’s holdings in Zebra Technologies were worth $5,846,000 at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in ZBRA. Concurrent Investment Advisors LLC grew its holdings in Zebra Technologies by 57.0% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 1,631 shares of the industrial products company’s stock valued at $429,000 after buying an additional 592 shares in the last quarter. NEOS Investment Management LLC grew its stake in Zebra Technologies by 6.4% during the second quarter. NEOS Investment Management LLC now owns 7,294 shares of the industrial products company’s stock valued at $1,920,000 after acquiring an additional 440 shares in the last quarter. Nykredit A S purchased a new stake in Zebra Technologies in the 2nd quarter worth $458,000. B. Metzler seel. Sohn & Co. AG boosted its holdings in shares of Zebra Technologies by 477.3% during the 2nd quarter. B. Metzler seel. Sohn & Co. AG now owns 18,244 shares of the industrial products company’s stock valued at $4,803,000 after purchasing an additional 15,084 shares during the last quarter. Finally, Wedbush Securities Inc. grew its position in shares of Zebra Technologies by 14.2% during the second quarter. Wedbush Securities Inc. now owns 1,119 shares of the industrial products company’s stock valued at $294,000 after purchasing an additional 139 shares in the last quarter. 91.03% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Zebra Technologies
In related news, insider Michael Cho sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $375.20, for a total value of $1,313,200.00. Following the completion of the sale, the insider owned 5,170 shares in the company, valued at approximately $1,939,784. The trade was a 40.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Linda Connly sold 500 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $377.68, for a total value of $188,840.00. Following the transaction, the director owned 3,708 shares in the company, valued at $1,400,437.44. The trade was a 11.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.91% of the stock is owned by corporate insiders.
Zebra Technologies Price Performance
Zebra Technologies (NASDAQ:ZBRA – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The industrial products company reported $6.35 EPS for the quarter, topping analysts’ consensus estimates of $4.36 by $1.99. The firm had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Zebra Technologies had a net margin of 9.22% and a return on equity of 22.29%. The business’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same period in the prior year, the business posted $3.61 earnings per share. Zebra Technologies has set its Q3 2026 guidance at 4.700-4.900 EPS and its FY 2026 guidance at 20.750-21.250 EPS. Analysts anticipate that Zebra Technologies Corporation will post 17.22 EPS for the current year.
Analysts Set New Price Targets
A number of equities research analysts recently commented on ZBRA shares. Wolfe Research reiterated an “outperform” rating and issued a $317.00 target price on shares of Zebra Technologies in a research report on Thursday, July 9th. BNP Paribas Exane reiterated an “outperform” rating and set a $455.00 price objective (up from $370.00) on shares of Zebra Technologies in a research report on Wednesday, August 5th. Needham & Company LLC boosted their target price on shares of Zebra Technologies from $345.00 to $410.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Truist Financial lifted their price target on Zebra Technologies from $296.00 to $355.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Finally, KeyCorp lifted their target price on Zebra Technologies from $305.00 to $430.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $381.00.
Read Our Latest Report on ZBRA
About Zebra Technologies
Zebra Technologies Corporation is a global technology company specializing in marking, tracking and computer printing solutions. The company produces a wide range of hardware and software products designed to enable real-time visibility of assets, inventory and personnel across diverse industries. Its offerings help businesses automate data capture and streamline operations in environments such as retail, healthcare, manufacturing, transportation and logistics.
The company’s product portfolio includes barcode and RFID printers, mobile computing devices, barcode scanners, RFID readers and related supplies such as labels and tags.
Read More
- Five stocks we like better than Zebra Technologies
- AI Token Costs Are Changing the Hardware vs. Software Debate
- 3 ETFs That Could Move as Rate Expectations Shift
- 3 Stocks With September Catalysts Investors Shouldn’t Ignore
- Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains
Want to see what other hedge funds are holding ZBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zebra Technologies Corporation (NASDAQ:ZBRA – Free Report).
Receive News & Ratings for Zebra Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zebra Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
